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Bangkok Post
Bangkok Post
Business

Used car market set to record 15% growth

The country's second-hand car market continues to grow amid the prolonged semiconductor shortage. (Photo: Kitja Apichonrojarek)

The used car market in Thailand is expected to grow by 15% this year, driven by the prolonged shortage of semiconductors required to manufacture new cars, says the Association of Used Car.

The chip scarcity affected sales of new car models and caused automakers to delay the delivery of cars to customers, said Pinyo Tanawatcharaporn, president of the association.

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